Auto Warranty Companies Fight For Your Business

extended car warranty - The industry of auto warranty companies is actually a fiercely competitive one. You will find a limited variety of cars on the highway - granted, there are millions of them, and every one of them, at some time or still, has or enjoyed a warranty - though with the multitude of companies fighting for the business of the drivers, it indicates that each car owner will be the target of some very hungry sales reps.

This can be quite a daunting position to stay in for any car owner. Whether you are investing in a new car from a dealership, or purchasing a second hand car, there will be people promoting you their warranty services.

In the dealership, you might run into a pushy sales representative who will try everything they could to get you to sign on for the extended warranty when you make your initial purchase. You will find advantages to buying during that time, including obtaining the costs of the warranty rolled up into the financing for your car, and realizing that your dealership will continue to be the place to have any repairs or replacements done. However, these comforts could end up costing you hundreds or lots of money in the end. Sales people make very large commissions on warranties, so they're eager to obtain to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will need to pay more up-front with those third-party companies, rather than adding a little number in your monthly car payment bills. Nevertheless it would likely save a little money.

But as not all the car sales person has gone out to rip you off, not all third-party providers are great guys, either. The conditions and terms of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to achieve you as being a client, so use that in your favor. Compare costs, examine all of the terms of the warranties offered, and tell the businesses you consult with “hey, make me the most effective offer.” If they can't, someone else will.